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(250) 885-7399
Real Estate Company
1790 Denman St, Victoria, BC V8R 1Y4
- $1,299,000
- 5
- BD
- 3
- BA
- 3,201
- SqFt
Courtesy of Macdonald Realty Victoria
- List Price
- $1,299,000
- Status
- ACTIVE
- MLS®
- 1052686
- Price Change
- ▲ $9,000 1792627202
- Property Type
- Single Family Residential
- Year Built
- 1955
- Style
- M Lev Ent w/Bsmt
- Bedrooms
- 5
- Total baths
- 3
- Living Area
- 3,201
- Acres
- 0.29
- Lot Size
- 13,000
- District
- Victoria
- Neighbourhood
- Vi Jubilee
Property Description
Exceptional Revenue & Development Opportunity in Victoria’s vibrant Jubilee neighbourhood, steps to the Oak Bay border! This rare 65’ x 200’ (13,000 sq ft per BC Assessment) property offers excellent rental income potential, ideally suited to tenants seeking proximity to the hospital, making it an attractive holding property for investors. The existing legal up/down duplex features a 1,600 sq ft main floor (2–3 beds), a self contained 2 bedroom suite, and an additional 1 bedroom suite. Generate rental income today while exploring the significant long-term redevelopment potential of this substantial urban lot. Centrally located near the hospital, transit, schools & amenities, with downtown Victoria within walking distance, the property offers exciting possibilities for townhouse, or houseplex development, subject to City approvals. A rare opportunity to combine multiple rental income streams with future development upside in a sought after, central location. *O/H SAT 1:00 - 2:30pm*
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Additional Information
- Layout
- Main Level Entry with Lower Level(s)
- Lot Features
- Central Location, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby, See Remarks
- Heating
- Baseboard, Electric, Forced Air, Natural Gas, Wood, Mixed
- Flooring
- Carpet, Hardwood, Mixed
- Roof
- Asphalt Shingle
- Parking Spaces
- 2
- Exterior Features
- Balcony/Deck, Fencing: Partial, Garden, See Remarks
- Interior Features
- Additional Accom.
- Additional Accomodation
- Exists
- Parking Type
- Attached, Carport, Driveway
- Kitchens
- 3
- Laundry Feature
- In Unit
- Fireplace Description
- Family Room, Wood Burning Stove
- Taxes
- $8,715
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
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